29 / 02 / 16
Upon researching my favourite countries which I have visited/plan to visit in the summer, so I could base my currency around their landmarks and iconic imagery. I began looking into creating specific currencies for my favourite European countries (most of which are under the Euro) and how I can push this idea. I came across a scheme, running in Amsterdam, but also a couple of other locations such as Bristol and Brixton in the UK. Ran by 'Qoin', they are an organisation who have provided community currencies which have different uses in the different locations.
In Amsterdam East, they have created a community currency called 'Makkie'. It acts as a reward programme in the Makassarsquare neighbourhood, where residents are encouraged and empowered to take an active role in their community for common good. It is created to improve both local livelihoods and social cohesion in a socially fragmented area. The currency programme was launched in 2012 as part of the CCIA project.
The Makkie is a timebanking currency combined with a loyalty programme. One Makkie equals one hour of mutual service or community work. Residents receive credits after helping out their neighbours, contributing to cleaning public space, or serving at a local event. Makkies are accepted to buy products and services at local shops.
In Bristol, they have done the same but varied the concept slightly. The Bristol Pound is the money of Bristol. It is a currency designed to reinforce and sustain a vibrant local economy. Launched in 2012, it is the largest retail currency programme in operation in the UK. The currency acts as a powerful incentive for consumers to shop at local traders. In that way, it develops local supply chains and keeps money circulating within Bristol’s economy.
The Bristol Pound can be spent using paper notes, mobile phone texts and as a digital currency. Bristolians can use it in more than 800 locally owned and independent businesses. Even the City Council now accepts local taxes in Bristol Pound, and pays civil servants a portion of their salary in the retail currency.
Brixton Pound is the same aswell:
This has definitely inspired me to look into creating a similar system in Leeds perhaps??
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